Categories: Crypto News
| Published On Apr 11, 2016 11:05 pm CEST  |  Updated on Aug 3, 2021 5:43 pm CEST | By iGaming Team

Bitcoin’s Patrick Byrne takes a medical leave; this could affect blockchain’s future

Share

Patrick Byrne, who is CEO and chairman of overstock.com, has taken a medical leave of absence from te company. This decision will influence the community working to advance bitcoin and the bitcoin blockchain.

 

 

In the last 30 years, Byrne has undergone more than a hundred surgeries, suffering from cancer and related heart problems. Last year he battled a recurrence of Hepatitis C, which he first contracted in China in the 80’s. Byrne said: “I’ve been really gutting it out over the past few months.”

 

177% up to 5BTC + 77 Free Spins!
New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins
Casino

 

In discussing his leave, Byrne said he isn’t worried about the well-being of Overstock, but shows ample remorse for being unable to continue his work with the blockchain. Byrne is referring to its rise as an “extinction event” for the financial industry.

 

 

177% up to 5BTC + 77 Free Spins!
New players only. Exclusive Welcome Bonus of 177% + 77 Free Spins
Casino

Byrne’s decision to take a leave of absence from Overstock will affect the comprehensive community working to advance bitcoin and the blockchain the most. Overstock was the first major retailer to accept payments in bitcoin under the guidance of Patrick Byrne.

 

 

After his leave of absence some doubt Overstock’s blockchain ambitions, but Byrne said: “I’ve worked really hard to get this revolution going in the right direction.”

Tags: Bitcoin